/biz/ - Business & Finance

buy high sell low
install macOS
coffee is good for you
sneed

Schizo warning. What if some of the posts we've seen here with anons crying because they naively gave their private keys to a third party, or got their wallets/ledgers compromised actually never encountered these problems, and instead did the best they could to use mixers/monero/privacy coins and transfer their coins to a lot of different wallets - all so that they can claim having lost their assets when the IRS knocks at their door.

I'll shamefully admit that regarding legal stuff and taxes, I am lacking in knowledge. I suppose the aforementioned strategy could only be useful after fucking up by relying on coinbase/binance who have been rumored to rat you out to the government, meaning this would be a last resort attempt at hiding your profits while leaving a "trace" of when it supposedly happened and tried your best to get them back. I suppose this excuse isn't worth a dime, legally speaking?